Bitcoin Price after Hard Fork on Aug 1?

costina

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Quote from: pisston on July 25, 2017, 04:28:29 PM

Quote from: Ewox on July 25, 2017, 08:56:54 AM

For sure the split won't be big and I'm sure BCC would have a lesser value than BTC itself. We can't predict the price yet as of now because bitcoins price today is actually decreasing and it might decrease even more especially August 1 is nearby. We will just have to wait then when August 1 comes and see what will be the outcome.

Even if the price decreases, I will not get upset. This will be one of those chances where there will be an opportunity to buy Bitcoin at low prices. I'm sure that Bitcoin will go up before the end of August. Although so much information has already been heard on August 1, that I think all users have been warned and Armed

I agree with you, in past time I have many opportunity buy Bitcoin with cheap price, but just by some panic on market make me sell all Bitcoin. Not only Bitcoin, I ever bought 13 ETH only with $100. Then, as Bitcoin I sell all and regret when the price of Ethereum reach $400 Undecided

pooya87

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there will be a lot of fluctuations until August 1 comes, there may be a rise when the SegWit activates though.
and by that date if BCC guys go through with their altcoin fork then there may be more fluctuation after the date or even whale manipulation to keep the price down so they can buy more BTC with the money they gain from BCC dump. this may last 1+ week.
after that i would expect the rally to begin.

if the BCC guys stop their altcoin fork and start a new altcoin from scratch like a normal human being then there won't be any more fluctuation in bitcoin and the rally begins faster. but there may not be the first rise because there won't be any free money any more.

Wind_FURY

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OP, predicting the market is useless. It could go up or it could go down and the best answer is "it depends". What surely will happen though is more drama. If you think it is the end of the big blockers after Segwit activation then you are mistaken.

pisston

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Quote from: Ewox on July 25, 2017, 08:56:54 AM

For sure the split won't be big and I'm sure BCC would have a lesser value than BTC itself. We can't predict the price yet as of now because bitcoins price today is actually decreasing and it might decrease even more especially August 1 is nearby. We will just have to wait then when August 1 comes and see what will be the outcome.

Even if the price decreases, I will not get upset. This will be one of those chances where there will be an opportunity to buy Bitcoin at low prices. I'm sure that Bitcoin will go up before the end of August. Although so much information has already been heard on August 1, that I think all users have been warned and Armed

Ewox

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For sure the split won't be big and I'm sure BCC would have a lesser value than BTC itself. We can't predict the price yet as of now because bitcoins price today is actually decreasing and it might decrease even more especially August 1 is nearby. We will just have to wait then when August 1 comes and see what will be the outcome.

hatshepsut93

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It's important to remember that BCC will be mostly traded against BTC, not USD, so its USD price will depend on Bitcoins price, just like it happens with all altcoins. Sometimes this pattern brakes and some coins grow in their BTC value when BTC falls, or on the contrary, they drop if BTC grows. So, after launch on August 1st BCC will be very volatile, and with high enough volume it may even negatively influence Bitcoins price, but later it will enter this general altcoin pattern and will be declining in BTC price in the long run.

Red-Apple

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Quote from: williamuk on July 24, 2017, 04:27:02 PM

Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

My forecast after split:
BTC -> 2700 (or spike higher because of post Aug 1st euphoria)
BCC -> 300 -> 100 -> 20 -> 1 -> $0.10 (within a week or less)

I don't have a crystal ball so it's all speculation obviously

i disagree with BTC part. currently they are squeezing out the last drops of weak hands and there can be another rise after the squeeze has ended and whales were satisfied.
so BTC > $2700 > $2500 > !!! > $2700 > $3000 breakout.

on the other hand the drop in BCC won't be just money evaporating. that money will come in bitcoin!
people will simply sell (panic sell because BCC price has already been dropping hard!!!) and use that cash to FOMO buy BTC because it is rising.
and i don't think BCC will go down that hard, it will probably hover around $200 until something horrible like a serious bug happens and people lose serious money or some attack happen against their chain and it stops existing.

iram1011

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Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

The split will not be this big. BCC has very less consensus and you needn't to worry about this split much if happens. This small dip that you are seeing is not really related to the fork. There are many reasons playing. For instance, BITTREX have temporarily suspended Bitcoin transactions and so have many other exchanges which is causing a dip. Another reason is whenever there is a instant high jump as was in the case of bitcoin recently ($1800 to $2800). A little correction happens. There isn't anything to worry. For the time sake keep your Bitcoin in your wallet and avoid any transactions near 1st August.

DaMut

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Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

you must be joking right ? it's ok to speculation,but for real BCC =500$ ? that's not gonna happen for sure.
Bitcoin prices right now slowy declining so that mean until 1 August,Bitcoin prices should be around $2000~$2300,
and when the time comes,we should see around $1800~$2000 < if nothing goes wrong,and then in the next month we can see price slowly recovering.
about BCC in my opinion it was an useless coin,so it would be nice if it's only around $1~10$/coin and after that slowly decreasing and die.
i don't hope such a thing will happen,if BCC surging that mean BTC will declining and that's a bad news.
stop bothering about BCC and forget it

davis196

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Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

This is a pretty wrong calculation you are doing,OP.
I`m not sure that the hard fork will happen,but if it happens.I would say:
BTC-2000 USD and 3000 USD after one month
BCC-10 USD and decreasing to $2 a few days after the hard fork.
Maybe someone should create a gambling webiste and people should place bets about the future BTC and BCC prices after a hard fork.I`m just kidding. Grin

williamuk

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Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

My forecast after split:
BTC -> 2700 (or spike higher because of post Aug 1st euphoria)
BCC -> 300 -> 100 -> 20 -> 1 -> $0.10 (within a week or less)

I don't have a crystal ball so it's all speculation obviously

JNiks_ZLisa

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Quote from: xys9ik0p on July 24, 2017, 04:13:52 PM

What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

If you keep you BITCOIN in your bitcoin-core wallet of 2014, sum of all forks will rise, if you keep it in exchanger - i don't know.

xys9ik0p

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What will happen to Bitcoin price after hard fork? will it get split in value?

if one bitcoin is $2700 after split btc= 2200 bcc= 500 something like that maybe please enlight me

Topic: Bitcoin Price after Hard Fork on Aug 1? (Read 967 times)